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China's bond issuance hits 36 trln yuan in 2016
   2017-01-23 09:10:18    CRIENGLISH.com      Web Editor: Zhang Guanghao

China's central bank says the value of bonds issued in China totaled more than 36 trillion yuan, or over 5.2 trillion U.S. dollars last year.

The figure was up 54.2 percent from a year earlier.

Affordable financing for Chinese firms has become easier in recent years, and the People's Bank of China says costs for companies through bond issuance had significantly reduced since 2014.

The central bank also says that in April last year China would not limit investment by foreign central banks and similar institutions in the Chinese inter-bank foreign exchange and bond markets as long as they registered their investments.

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